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NumisMedia Weekly Market Report

1804 Dollar Realizes Over $3.3 Million

December 21, 2020

       Part II of the Larry H. Miller Collection was auctioned last week by Stack's Bowers Galleries in Newport Beach at the Balboa Bay Resort. Much like the Part I auction, this sale had many classic rarities and collectors had the opportunity to bid on several coins that will most likely not be offered again for many years to come. There were three separate coins that sold for over a million dollars.


1804 $1 Draped Bust Class I certified by PCGS PR65

The 1804 Dollar is one of the most renowned rarities in the business; this PR65 realized $3,360,000. The Class I is generally known as the original, although they were actually minted in 1834 and there were likely just 8 coins minted. In the late 1850's, because of the popularity of this coin, the mint decided to produce more using the original obverse while pairing them with newer reverses; these are categorized as the Class II & III. Most recently, back in March 2017, Stack's Bowers sold the Dexter Dollar 1804 Class I in the same grade of PCGS PR65 for $3.2 million.

1804 $1 Draped Bust Class I PCGS PR65

1804 $1 Draped Bust Class I PCGS PR65 sold for $3,360,000 by Stack's Bowers Auctions, from the Larry H. Miller Collection Part II, in Newport Beach, California, December  17,  2020



1894 S Barber Dime certified by NGC PR65 and CAC

The 1894 S Barber Dime is another classic rarity, always well publicized and well-known; this one brought $1,440,000. There are only three coins certified in this grade with just one approved by CAC, and there are three listed in PR66 by both services combined. The last PR65 to sell at auction was at the 2005 FUN Show when Heritage Auctions sold a PCGS PR65 for just over $1 million.

1894 S Barber Dime NGC PR65 CAC

1894 S Barber Dime NGC PR65 CAC sold for $1,440,000 by Stack's Bowers Auctions, from the Larry H. Miller Collection Part II, in Newport Beach, California, December  17,  2020



1794 $1 Flowing Hair certified by NGC MS62

The 1794 Flowing Hair is the first Silver Dollar ever minted. This Miller Collection coin, which sold for $1,050,000, is the only MS62 reported, although there is one certified in PCGS MS62+. There are 8 coins grading higher with MS66+ the highest reported by PCGS. Our currently listed FMV price is $918,750, so it will be adjusted. There are more highlights below from Part II of the Larry H. Miller Collection and Stack's Bowers Galleries.

1794 $1 Flowing Hair NGC MS62

1794 $1 Flowing Hair NGC MS62 sold for $1,050,000 by Stack's Bowers Auctions, from the Larry H. Miller Collection Part II, in Newport Beach, California, December  17,  2020



Date/DenominationGradePrice Realized
1793 Flowing Hair Vine & BarsNGC AU58 BN CAC$40,800
1795 Half Dime Flowing HairPCGS MS67 CAC$120,000
1918/7 D Buffalo NickelNGC MS64$50,400
1901 S Barber QuarterNGC MS64$50,400
1797 Draped Bust Half Dollar 15 StarsNGC MS61$192,000
1839 Seated Half Dollar No DraperyPCGS MS65$138,000
1894 O Barber Half DollarPCGS MS68 CAC$72,000
1795 Flowing Hair Dollar Two LeavesPCGS MS65 CAC$576,000
1802 Draped Bust DollarPCGS MS65 CAC$180,000
1896 S Morgan DollarPCGS MS67 CAC$132,000
1855 $1 Gold TIIPCGS MS66 CAC$57,600
1808 $2.5 Gold Capped BustNGC MS63$276,000
1912 $2.5 Gold IndianPCGS PR67+$57,600
1879 $4 Gold Stella Flowing HairNGC PR65$168,000
1803/2 $5 Gold Capped BustPCGS MS65 CAC$168,000
1834 $5 Gold Capped Bust CR 4NGC MS65$198,000
1796 $10 Gold Capped BustNGC MS61$126,000
1839 $10 Gold Sm. LettersNGC MS64$180,000
1839/8 $10 Gold Lg. LettersPCGS MS64$132,000
1907 $10 Gold Indian Wire RimNGC MS66*$96,000
1912 $20 Gold St. GaudensNGC PR67$144,000
1915 S $50 Gold Pan-Pac OctagonalPCGS MS63$72,000



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